Fanice Keen Apartment Homes LLC (FKAH), an emerging real estate development and property management firm, is revitalizing North St. Louis by transforming vacant buildings into vibrant spaces.  This SBA-certified Service Disabled Veteran Owned Small Business (SDVOSB) was founded on September 19, 2021, in Saint Louis, MO. 

 

The mission of FKAH is to revitalize vacant, dilapidated buildings into quality, affordable, and market-rate apartment homes, single-family homes, and shared, supportive housing for marginalized populations.  FKAH is transforming a vacant, dilapidated apartment building in Goodfellow Commercial Corridor's West End neighborhood into a mixed-use space.  The space is at 5820 Cabanne Ave, Saint Louis, MO 63112.  We will house our Company Headquarters, operations team, offices, a coin laundry facility, and  24 apartment homes for middle-class and low-to-moderate-income families and veterans. Two units will be ADA-compliant for residents with mobility, vision, and hearing disabilities.  In May 2023, FKAH acquired site control of this property from a sister company M&C Global Enterprises LLC via a development agreement. This project will create 11 jobs within the North St. Louis community. ​​

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In collaboration with community stakeholders and proven development professionals, FKAH has set a goal of creating 200 permanent homes for 400 people by December 31, 2026. 

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FKAH is excited to share that we are transforming an abandoned church into a Visual & Performing Arts Center at 1914 Union Blvd, Saint Louis, MO 63113 in Union Commercial Corridor's Kingsway West neighborhood.  FKAH purchased this property via a tax sale in July 2022. 

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Niche: Housing Communities that Embrace Socioeconomic Diversity.  We meet our customers where they are.

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 Core Values:

• FKAH gives & requires transparency. 

• FKAH believes that housing and regard are essential needs.

• FKAH listens to and backs our employees, residents, neighbors, and community stakeholders.  

• FKAH creates win-win collaborations with employees,  residents, neighbors, and community stakeholders.  

• FKAH supports economic justice and racial equity.

• FKAH embraces diversity, respects people, and stands for inclusion 

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FKAH will facilitate racial equity, economic justice, and inclusion by creating housing where residents are considered and treated as community leaders and socioeconomic diversity is the norm.

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End Goal: Families with keys, living in harmony.

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OUR COVID-19 IMPACT STATEMENT

The impact of COVID-19 on the construction and real estate sectors, particularly the rising costs of construction materials and the challenges faced by businesses in HUD Qualified Census Tracts, has been significant. FKAH recognizes these challenges and is committed to addressing them through targeted initiatives. Firstly, FKAH acknowledges the financial strain of the pandemic on real estate developers and property owners due to the significant increase in construction material costs. This has led to the closure of businesses and halted construction projects, severely impacting property maintenance and development. As part of its response, FKAH plans to collaborate with MBE/WBE small businesses to mitigate the negative impact of COVID-19 on these companies by providing financial support and resources.

 

In terms of housing communities, FKAH recognizes the exacerbated socioeconomic divisions and increase in homelessness caused by COVID-19. To combat this, FKAH aims to establish housing communities that promote socioeconomic diversity and inclusivity. This includes offering affordable housing solutions and market-rate apartments, all priced at or below HUD Fair Market Rent. FKAH's affordable housing initiatives include creating 200 permanent homes for 400 people by December 31, 2026. This initiative will consist of 50 income-restricted units for low- and moderate-income families and 10 ADA-compliant units, ensuring accessibility for people with limited financial resources and those with disabilities.

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                                                                                                                         Praying for healing, family, keys, and harmony for your families and ours, 

                                                                                                                            -Marian L. Coffman, CEO

                                                                                                                             Fanice Keen Apartment Homes LLC